Baird Maintains Outperform on Fortinet, Lowers Price Target to $84
Portfolio Pulse from jenniferd'souza@benzinga.com
Baird analyst Shrenik Kothari maintains an Outperform rating on Fortinet (NASDAQ:FTNT) but has lowered the price target from $93 to $84.
August 04, 2023 | 3:46 pm
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Baird has maintained an Outperform rating on Fortinet but lowered the price target from $93 to $84.
The news is directly related to Fortinet. While the Outperform rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100